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Updated almost 5 years ago, 02/19/2020

User Stats

22
Posts
27
Votes
Jessie Randolph
  • New to Real Estate
  • Ohio
27
Votes |
22
Posts

How to use my 401k to buy real estate

Jessie Randolph
  • New to Real Estate
  • Ohio
Posted

I Have roughly 80k in a retirement fund from a former employer.  I would like to use this money to fund my real estate purchases. I was wondering what is my best option for this? Do I move it to another type of account? Draw it out? Take a loan against it if possible?  I dont know anything about it. I have a new job that gives me a pension and annuity plan so I feel very comfortable using this money to buy homes

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